PPP Loan information for Loe's oil company inc

$89,547

Loe's oil company inc was initially approved for PPP Loan of amount $89,547, the current approved amount is $89,547. The loan was approved on 04/07/2020 by The Frandsen Bank & Trust reported 8 jobs and $89,547 was used to fund payroll.

Loe's oil company inc is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Loe's oil company inc

LOE'S OIL COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LOE'S OIL COMPANY INC

Borrower Address

40563 US Hwy 14

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56003

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89547.00

Current Approval Amount

89547.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

NICOLLET

Project State

MN

Project Zip

56003-0168

CD

MN-01

Jobs Reported

8

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71637.00

Mortgage Interest Proceed

0.00

Rent Proceed

17910.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90199.59

Forgiveness Date

01/08/2021

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